Assisted living investing

[Arianne Hellewell]

Hey! Long-term/short-term investor here! Possibly acquiring an assisted living facility with a financial partner and looking for someone who is experienced in the assisted-living-investing market who may be willing to answer some of my questions. Do you know of someone, or have any general advice on this? I’d love to hear from you!

[Joel Owens]

All I can tell you is they are getting pounded right now because of Coronavirus. I have seen some shut down even in high growth areas. Kids have taken the parents out worrying and the centers have trouble getting new people in and ongoing costs have risen as well creating a double whammy affect.

Sure some of them are still doing okay to good you just have to be very careful with that product type right now.